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by Steven D
We haven't seen them yet, but already speculation is mounting that the Clintons have made themselves a tidy little fortune in the last 8 years under the Bush regime.
Financial disclosure documents already filed by the New York senator show she and her husband, former president Bill Clinton, have made at least $50 million since leaving the White House in 2001. ABC News investigative reporter Brian Ross takes an early crack at divining what details may be revealed from the Clinton's tax returns, which her campaign has said will be released within the next two weeks. Fifty million dollars (and that's the low ball estimate) is a pretty good haul for any ex-President not named George H.W. Bush. The question that remains is whether they paid taxes on that money at the same rates that ordinary citizens do, or whether they took advantage of the numerous ways wealthy people can avoid paying taxes? Also, who exactly paid Bill all that swag, not to mention the money donated to his charitable foundation (whose financial reports are unlikely to ever see the light of day)? Well here's a clue as to where some of the money came from:
Former President Clinton stands to reap around $20 million -- and will sever a politically sensitive partnership tie to Dubai -- by ending his high-profile business relationship with the investment firm of billionaire friend Ron Burkle. [...] How much did Big Dog get for all those speeches? Brian Ross estimates at least $47 million. In 2005 he received $7.5 million, and in 2002 he raked in $9.5 million, from speeches given in such exotic locales as Abu Dhabi, and "the Bahamas, Hong Kong, Denmark, Switzerland, France, Mexico, Colombia, Brazil, Spain and Russia." He's also given speeches to Business executives here in North America. Good money if you can get it, and get it he has. One has to believe that some of those fees and other financial arrangements like his connection with billionaire Ron Burkle, as well as the donations to his charitable foundation, were made as a way to ensure friendly treatment from Mrs. Clinton should she ever find herself back in the White House as President. To believe otherwise would be naive. And just imagine how much they could continue to make should Hillary win the election? Long term, this isn't just about what Hillary can do for you, it's also about what she and Bill can do for themselves. Haven't we had enough of that style of politics over the last three decades?
The Clinton Tax Returns | 6 comments (6 topical, 0 editorial, 0 hidden)
The Clinton Tax Returns | 6 comments (6 topical, 0 editorial, 0 hidden)
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